‘Amazon pays $1.2 billion for autonomous vehicle startup Zoox’
Amazon reported last week that it is buying Zoox. The company is an autonomous vehicle startup backed by a reported $1 billion in venture capital. Zoox was valued at $3.2 billion, after a recent round of funding. Amazon is paying $1.2 for the startup.
Even with the valuation discount, it is repo... Read more
Amazon is working on a payment system that uses hands as identification
Amazon is working on a payment system that can use an individual human hand for identification. The payment system must be used in the Whole Foods supermarket chain.
The intention is that the system called Orville will be rolled out in the coming months, suggesting sources with knowledge of the plan... Read more